Binh Duong FDI attraction hits US$180 million over two months
The southern province of Binh Duong attracted nearly US$180 million in foreign direct investment (FDI) from 20 new and 16 expanded projects in the first two months of this year.
According to the provincial Department of Statistics, most of the FDI capital was poured into industrial production during the reviewed period.
Omexay Industrial Rubber JSC and Chen Ho Textiles CO., Ltd of Taiwan (China) invested US$20 million and US$12.5 million, respectively in building rubber and fibre production plants in the locality.
Other businesses added their capital to beer, solid tire and plastic production projects.
Binh Duong has thus far lured 2,412 foreign-invested projects with a total registered capital of nearly US$20.66 billion, including 1,404 worth nearly US$12.53 billion operating in industrial parks.
Among 39 countries and territories investing in the province, Japan has contributed the largest amount of capital with nearly US$4.74 billion.
It is followed by Taiwan with US$4.65 billion; the Republic of Korea with US$1.92 billion and Singapore with US$1.77 billion.
Omexay Industrial Rubber JSC and Chen Ho Textiles CO., Ltd of Taiwan (China) invested US$20 million and US$12.5 million, respectively in building rubber and fibre production plants in the locality.
Other businesses added their capital to beer, solid tire and plastic production projects.
Binh Duong has thus far lured 2,412 foreign-invested projects with a total registered capital of nearly US$20.66 billion, including 1,404 worth nearly US$12.53 billion operating in industrial parks.
Among 39 countries and territories investing in the province, Japan has contributed the largest amount of capital with nearly US$4.74 billion.
It is followed by Taiwan with US$4.65 billion; the Republic of Korea with US$1.92 billion and Singapore with US$1.77 billion.